# Chain News

On October 26, 2018, Interstellar, the product of Stellar’s acquisition of Chain, announced a new implementation called “Starlight” that allows for secure and private bidirectional payments on the Stellar protocol. Payment Channels The whole purpose of these payment channels is to allow different parties to privately and securely transact with...

Lightyear Corp., a firm focused on the Stellar blockchain has acquired the San Francisco based DLT start-up Chain Inc. Per a report published by Reuters on September 10, 2018, Chain’s CEO Adam Ludwin has confirmed the deal. Terms of the Deal Both, the Chain and Lightyear brand will be amalgamated...

Banking giant Citi and technology stock exchange Nasdaq announced a new digital payment solution that provides straight-through processing and automatic payments reconciliation by leveraging blockchain technology to record and transfer payment instructions. The collaboration between the two New York-based financial services companies has culminated in a pioneering banking solution that...

Creating industry standards for distributed ledgers requires open-sourced software solutions. Chain, one of the many blockchain providers available today, released the Chain Core Developer Edition. This open-source version of the company’s distributed ledger platform is free of charge and allows companies to issue and transfer assets. All of this will...

Blockchain technology is making headway in the financial sector as we know it today. Even credit card giant Visa is keeping close tabs on distributed ledgers. The company even went as far as announcing their international payment solution built on top of Chain’s blockchain services. In doing so, Visa wants...